Karur Vysya Bank Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Erode Erode Tamil Nadu

↻ Reload
MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kathirampatti
Contact 22654260
Bank Details Karur Vysya Bank Kathirampatti KVBL0001861
Location Erode, Erode
City Erode
District Erode
State Tamil Nadu
Pincode 638107
Country IN
Address Panchayat office building near kathirampatti post office kathirampatti erode district tamil nadu 638107
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Kathirampatti branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Karur Bank, Kathirampatti branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Kathirampatti branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karur Vysya Bank Kathirampatti

Karur Vysya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karur Bank MICR code for Kathirampatti is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of KVB for Kathirampatti branch. MICR code for Kathirampatti branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Karur Bank Kathirampatti is presented in the table alongside.

Use of Karur Bank MICR code for Kathirampatti branch in erode

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kathirampatti and Karur Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of KVB is typically in either of these two font’s: E-138 and CMC-7.

Copied!